11plc, Total Energies, AA Rano, and other marketers have begun lifting Dangote petrol through Nigerian National Company (NNPC) Trading Limited for N765.99 to retail outlets nationwide.
Reports said that some petroleum marketers, who were able to complete their payment process on the NNPC trading payment portal, commenced the lifting of petrol earlier this week under the existing agreement between marketers and the refinery.
Reports further said that the Managing Director of 11Plc, Tunji Oyebanji, confirmed on Thursday night that some marketers have started lifting the products at N765.99 from Dangote Refinery through NNPC, which remains the sole off-taker of the product.
“We were among the first marketers to complete the payment on the NNPC portal. We have no direct arrangement with the refinery,” Oyebanji reportedly said.
It was gathered that NNPC Retail, 11plc, Total Energies, A.A Rano are among the marketers that have loaded products from the refinery.
He added: “We don’t know the contractual financial arrangement between NNPC and the refinery but what I can confirm is we are buying at N765.99 from NNPC to lift Dangote petrol.”
However, it could not be independently verified if members of the Independent Petroleum Marketers Association of Nigeria (IPMAN) have loaded up products at the Dangote Refinery.